Amazon Prime Rewards Visa Signature Card
vs. Costco Anywhere Visa® Card by Citi

Both the Amazon Prime Rewards Visa Signature Card and the Costco Anywhere Visa Card by Citi cater to loyal shoppers of their respective retail giants, offering cash back on purchases made within their stores. If you're a frequent Amazon shopper, the Amazon Prime Rewards card may be better due to its high unlimited cash back at Amazon and Whole Foods.

However, the Costco Anywhere card edges out slightly with a higher cash back score, especially for gas, travel and dining. While the Amazon card is accessible to those with good to excellent credit, the Costco card demands excellent credit, making the Amazon card more attainable for a wider range of consumers.

You might prefer the Amazon Prime Rewards Card if you frequently shop on Amazon or at Whole Foods and have an Amazon Prime membership. The card maximizes returns on these purchases with a 5% cash back rate and offers a range of travel and purchase protections without an annual fee or foreign transaction fees.

You might prefer the Costco Anywhere if you're a regular Costco shopper and spend significantly on gas, travel and dining. With 4% cash back on gas and EV charging (up to $7,000 per year) and 3% on dining and travel, this card can quickly accumulate rewards. Plus, it has no annual fee with a Costco membership and no foreign transaction fees.

Evaluating APRs, fees, credit requirements, rewards and other features will help you determine which card aligns with your financial habits. The Amazon Prime Rewards Card excels with Amazon and Whole Foods purchases, while the Costco Anywhere is advantageous for gas and Costco spending. Use this section to find which card offers the most value for your specific needs.

The Costco Anywhere card edges out slightly in overall reward value, particularly for those who spend a lot on gas and dining, with a higher expected reward value and better average rates in these categories. However, the Amazon Prime Rewards card is the clear winner for frequent Amazon and Whole Foods shoppers, offering up to 5% back with an eligible Prime membership. While both cards offer compelling cash back on dining, the Costco Anywhere card provides a slightly better rate in this category.

Below is a table of bonus categories to help you visually compare the rewards programs of both cards at a glance.

Both cards offer cash back but with different redemption processes. The Amazon Prime Rewards allows for immediate use of points on Amazon.com or as a statement credit, with no expiration as long as the account is active. In contrast, the Costco Anywhere issues an annual reward certificate, only redeemable at Costco locations, and must be used by December 31 of the year it's issued. This imposes a use-it-or-lose-it condition, potentially affecting the card's value if not redeemed in time.

MoneyGeek provides evaluations and reviews of credit cards like the Amazon Prime Rewards and Costco Anywhere using a scoring system tailored to various use cases, such as cash back. For these cards, the cash back use case is where they score highest. The largest factors in determining their scores are the effective reward rate, which accounts for half of the score, and the return on investment for offers. Other considerations include annual fees, introductory purchase offers, and issuer satisfaction.